(Bloomberg) — Didi Global Inc. said Thursday it plans to delist from the New York Stock Exchange, barely five months after its initial public offering drew the wrath of Beijing. The Chinese ride-hailing giant said it plans to list in Hong Kong instead, allowing existing shareholders to convert their holdings in the company. But the announcement was scarce on details, leaving investors — already nursing roughly $40 billion of losses — with many unanswered questions. Most Read from… Source link
Read More »Didi’s Brief U.S. Foray Is Ending. What Happens Next?: QuickTake
